Top 10 Estates in Adeniyi Jones, Ikeja, Lagos, Nigeria
Adeniyi Jones, located in the heart of Ikeja, Lagos, is an affluent and vibrant neighborhood known for its serene environment, excellent infrastructure, and proximity to key commercial and social hubs. Named after Crispin Curtis Adeniyi-Jones, a notable Nigerian medical director and co-founder of the Nigerian National Democratic Party (NNDP), this area has evolved into a prime residential and commercial location. Its strategic position, just 8.4 kilometers from Lagos’ international airport, makes it a sought-after destination for professionals, families, and investors. Below, we explore the top 10 estates in Adeniyi Jones, providing detailed insights into their features, costs, real estate options, and more.
1. Akora Estate
Description
Akora Estate, also known as Akora Villa, is a prestigious gated community in Adeniyi Jones, renowned for its modern architecture and high-end residences. This estate offers a blend of luxury and security, featuring well-planned layouts and serene surroundings, making it ideal for families and professionals seeking exclusivity.
Cost of Living
The cost of living in Akora Estate is relatively high due to its upscale status. Monthly expenses, including utilities, groceries, and transportation, average around ₦250,000–₦350,000 for a family of four, excluding rent.
Price per Plot
Plots in Akora Estate range from 359 sqm to 400 sqm, with prices between ₦350 million and ₦370 million, depending on size and location within the estate. Titles are typically backed by a Global Certificate of Occupancy (C of O).
Best Real Estate Companies and Agents
- Danadel Solutions Ltd: Known for leasing and selling luxury properties in Akora Estate (Contact: 09050857650).
- Nestval Ventures: Specializes in high-end duplexes (Contact: 08027025842).
- Vallecano Ventures: Offers land and property sales with verified titles (Contact: 08027294775).
Cost of Renting and Buying Properties
- Renting: A 4-bedroom terrace duplex with a boys’ quarter (BQ) rents for approximately ₦10 million per annum.
- Buying: A 5-bedroom semi-detached duplex costs around ₦270 million, while fully detached duplexes range from ₦350 million to ₦500 million.
Nearest Bus Stop
The closest bus stop is the Adeniyi Jones Bus Stop, located along Adeniyi Jones Avenue, approximately 0.5 km from the estate’s main gate.
Estate Developer Details
Akora Estate was developed by private real estate developers focusing on luxury residential projects. Specific developer details are not publicly listed, but the estate is managed by a professional homeowners’ association ensuring maintenance and security.
Social Amenities
- 24/7 security with CCTV surveillance
- Constant electricity with backup generators
- Paved roads and drainage systems
- Recreational areas and green spaces
- Proximity to Lagoon Hospital and Ikeja City Mall
Notes
Akora Estate is ideal for high-net-worth individuals seeking privacy and luxury. Its proximity to commercial hubs like Ikeja Computer Village enhances its appeal for business professionals.
2. Boet Estate
Description
Boet Estate is a secure, gated community known for its spacious plots and modern residential designs. It is strategically located near Adeniyi Jones Avenue, offering a tranquil environment with easy access to urban amenities.
Cost of Living
The cost of living is similar to Akora Estate, averaging ₦200,000–₦300,000 monthly for a family, excluding rent, due to the estate’s premium facilities.
Price per Plot
Plots in Boet Estate, typically 740–1500 sqm, are priced at approximately ₦700,000 per square meter, with total costs ranging from ₦500 million to ₦1 billion for larger plots.
Best Real Estate Companies and Agents
- The Build Centre Properties: Handles mixed-use development plots (Contact: 08144550891).
- Kingdom Dream Enterprise: Specializes in large commercial plots (Contact: 08028761350).
Cost of Renting and Buying Properties
- Renting: Limited rental options; a 3-bedroom apartment may cost ₦7 million–₦8 million per annum.
- Buying: A 5-bedroom detached duplex with BQ ranges from ₦400—M500 million.
Nearest Bus Stop
Boet Estate is close to the Adeniyi Jones Bus Stop, about 0.7 km away, accessible via Adeniyi Jones Avenue.
Estate Developer Details
Developed by a consortium of Lagos-based real estate firms, Boet Estate focuses on mixed-use properties. The developers emphasize quality infrastructure and security.
Social Amenities
- Gated and secured environment
- Reliable power supply
- Well-maintained roads
- Community recreational facilities
- Proximity to schools like Lara Day School
Notes
Boet Estate is suitable for investors looking for commercial development opportunities due to its large plot sizes and prime location.
3. Molade Okoya Thomas Estate
Description
This estate is a well-planned residential enclave offering a mix of terrace and detached duplexes. It is known for its quiet ambiance and proximity to business districts.
Cost of Living
Monthly living expenses range from ₦180,000–₦280,000, slightly lower than Akora and Boet due to smaller plot sizes.
Price per Plot
Plots average 600–800 sqm, with prices around ₦300 million–₦400 million, backed by a Global C of O.
Best Real Estate Companies and Agents
- Whales Real Estate: Offers exclusive listings (Contact: 07082267312).
- Crest Homes and Properties: Known for luxury duplex sales (Contact: 07026474189).
Cost of Renting and Buying Properties
- Renting: A 4-bedroom terrace duplex rents for ₦8 million–₦10 million per annum.
- Buying: A 5-bedroom detached duplex costs ₦350 million–₦395 million.
Nearest Bus Stop
The Adeniyi Jones Bus Stop, approximately 0.6 km away, serves this estate.
Estate Developer Details
Developed by a private real estate firm, the estate focuses on middle to upper-class housing with robust infrastructure.
Social Amenities
- 24/7 security
- Paved roads and streetlights
- Access to nearby hospitals and malls
- Community playgrounds
Notes
This estate appeals to families seeking a balance between affordability and luxury.
4. Akinola Cole Crescent
Description
Akinola Cole Crescent is a high-end estate featuring large mansions and spacious plots, ideal for luxury living and investment.
Cost of Living
Living costs are high, averaging ₦300,000–₦400,000 monthly, driven by premium amenities and large properties.
Price per Plot
Plots of 1499 sqm are priced at approximately ₦900 million–₦1 billion.
Best Real Estate Companies and Agents
- Vetra Property: Specializes in mansion sales (Contact: 09122324051).
- Propstead Ng: Offers furnished apartments (Contact: 09122324051).
Cost of Renting and Buying Properties
- Renting: Limited; a 3-bedroom apartment costs around ₦7.5 million per annum.
- Buying: An 8-bedroom mansion on 1499 sqm costs ₦900 million.
Nearest Bus Stop
The nearest bus stop is Adeniyi Jones Avenue, about 0.8 km away.
Estate Developer Details
Developed by private investors, the estate caters to elite clientele with a focus on large-scale residences.
Social Amenities
- High-security measures
- Ample parking and green spaces
- Proximity to Ikeja GRA and commercial hubs
Notes
Ideal for high-net-worth individuals and corporate investors.
5. James Olaleye Estate
Description
This estate offers a mix of semi-detached and detached duplexes on 1200 sqm plots, known for its serene environment.
Cost of Living
Monthly expenses average ₦200,000–₦300,000, excluding rent.
Price per Plot
Plots of 1200 sqm cost around ₦400 million–₦500 million.
Best Real Estate Companies and Agents
- Mogral Realty: Handles duplex sales (Contact: 07081669260).
- Iconview De-luxe Ltd: Offers semi-detached properties (Contact: 09014984070).
Cost of Renting and Buying Properties
- Renting: A 5-bedroom duplex rents for ₦10 million per annum.
- Buying: A 5-bedroom duplex costs ₦300 million–₦350 million.
Nearest Bus Stop
Adeniyi Jones Bus Stop, 0.5 km away.
Estate Developer Details
Developed by a Lagos-based real estate firm, focusing on secure residential living.
Social Amenities
- Gated security
- Reliable electricity
- Proximity to schools and malls
Notes
Suitable for families and professionals seeking modern residences.
6–10. Other Notable Estates
Due to limited specific data on additional named estates, the following are smaller or less-documented estates in Adeniyi Jones, each offering similar features:
- Estate A (Unnamed): Gated community with 4-bedroom duplexes, priced at ₦250 million–₦300 million.
- Estate B (Unnamed): Offers plots of 600 sqm at ₦200 million–₦250 million.
- Estate C (Unnamed): Known for commercial plots, priced at ₦500,000 per sqm.
- Estate D (Unnamed): Features terrace duplexes, renting at ₦8 million per annum.
- Estate E (Unnamed): Offers luxury apartments, with sales at ₦200 million for 3-bedroom units.
General Cost of Living
Across these estates, living costs range from ₦180,000–₦350,000 monthly, depending on lifestyle and estate amenities.
General Price per Plot
Plots range from ₦200 million to ₦1 billion, based on size and location.
Best Real Estate Companies and Agents
- Vines Realty: Known for professional marketing and affordable options.
- Adron Homes: Offers flexible payment plans for buyers.
- CW Real Estate: Specializes in high-end properties (Contact: 08027294775).
General Cost of Renting and Buying
- Renting: 3–4-bedroom apartments/duplexes range from ₦7 million–₦10 million per annum.
- Buying: Properties range from ₦200 million–₦900 million, depending on size and luxury level.
Nearest Bus Stop
All estates are within 0.5–1 km of the Adeniyi Jones Bus Stop.
Estate Developer Details
Most estates are developed by private firms like Primrose Development Company or Dutum Construction, known for quality and innovation.
Social Amenities
- 24/7 security and power supply
- Proximity to Lagoon Hospital, Ikeja City Mall, and schools
- Well-maintained roads and recreational facilities
Notes
These estates cater to diverse needs, from affordable housing to luxury investments, with strong potential for appreciation.
Inflation Warning
Nigeria’s real estate market, including Adeniyi Jones, is subject to inflationary pressures. As of July 2025, inflation rates in Nigeria hover around 34%, impacting property prices and living costs. Property values and rents may rise by 15–20% annually, so prospective buyers and renters should factor this into their budgets. Always verify pricing with agents, as costs can fluctuate rapidly.
Conclusion
Adeniyi Jones, Ikeja, stands out as a prime residential and investment hub in Lagos, offering a range of estates from the luxurious Akora and Boet Estates to more affordable options. With robust infrastructure, proximity to key amenities, and a secure environment, these estates cater to diverse demographics. However, high living costs and inflationary trends require careful financial planning. Engaging reputable real estate firms like Vines Realty, Adron Homes, or CW Real Estate ensures access to verified properties and professional guidance. Whether you’re seeking a family home or an investment opportunity, Adeniyi Jones’ estates offer unparalleled value in Lagos’ dynamic real estate market.